NextBillion.net - Development Through Enterprise - On Talent Building: Goldman Invests in Ten Thousand Women - Comments

Kudos to the vision of empowered female entrepreneurs!

Vicki Flaugher — Tue, 06 May 2008 19:25:08 -0500

I find this story very uplifting and look forward to the impact of this type of investment in women entrepreneurs worldwide. I believe it is simply amazing what women are capable of doing. Thanks for sharing the info.

Update: I enjoyed reading a

Francisco Noguera — Thu, 13 Mar 2008 11:09:04 -0500

Update: I enjoyed reading a piece on the 10,000 Women Program written by Lalita Advani in the Acumen Fund Blog. Lalita had the chance to attend the innauguration and shares many noteworthy thoughts and insights. Read it at http://blog.acumenfund.org/2008/03/12/business-education-for-women-who-need-it-the-most/

WDI Involvement

Moses Lee — Wed, 12 Mar 2008 14:28:13 -0500

The William Davidson Institute is actually quite involved with this project. Read: http://www.wdi.umich.edu/News/426/

On Talent Building: Goldman Invests in Ten Thousand Women

Francisco Noguera — Wed, 12 Mar 2008 14:13:40 -0500

Who better than two remarkable female leaders to quote introducing Goldman Sachs' recently launched 10,000 Women program?

"Creating more female entrepreneurs in developing and emerging economies satisfies all the requirements of smart development: the benefits will multiply far beyond the investment; it is sustainable over the long run; it is adaptable to local needs; it is focused; it is measurable and it helps beneficiaries, communities and states alike." Linda Rottenberg, Co-founder & CEO, Endeavor

"The professional development of talent is a critical component of addressing global inequities. Providing women with access to education gives them entrepreneurial tools they need to build their own futures - which in turn creates a corps of leaders with the skill and will to effect broader change." Jacqueline Novogratz, Founder & CEO, Acumen Fund

Goldman Sachs will invest $100 million over the next five years in providing 10,000 women in developing economies with business and management education. Also, through partnerships with U.S. and European Universities, the program seeks to strengthen business education programs in developing countries.

Once again, the importance of building talent and execution capacity in the field arises.

Recent Goldman Sachs research highlights this kind of investment as the one with the highest possible social return. I can only agree and express my admiration for this visionary initiative.